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Real estate
fromBoston Condos For Sale Ford Realty
2 days ago

Does A 50-year Mortgage Really Help Boston Condo Buyers? Boston Condos For Sale Ford Realty

A 50-year mortgage lowers monthly payments but increases total interest, slows equity accumulation, and risks higher rates and housing market distortion.
fromIrish Independent
1 month ago

The dos and don'ts of overpaying your mortgage

As the name suggests, overpaying your mortgage is when you pay more than your contracted or agreed monthly payments. Why do this? Well, it's not just about getting the entire thing paid off quicker; it's also about reducing the overall interest you're due to pay. "Most mortgages are on an annuity basis, so you're paying capital and interest," says Hennessy. "Every month, the interest hits the capital balance that's outstanding on your mortgage, and it calculates in that mortgage repayment how much is interest.
Real estate
Real estate
fromSFGATE
2 months ago

When Co-Owning a Home, Know These 5 Things About Tax Season

Co-owners can claim mortgage interest and property tax deductions based on actual payments, not solely on legal ownership, with thorough records and CPA guidance.
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